$949K
$144,794
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$980,000
Medium
$950,000
Low
$920,000
Confidence
Medium
Explore an expansive 2.77-hectare property, perfect for medium-density residential development. While 36% of the land sits in a flood planning zone, innovative solutions can mitigate risks. The C2 environmental conservation area invites green space integration for eco-friendly living. Existing structures, including a three-bedroom home and granny flat, offer immediate income potential. Engage with the development synergy from adjacent projects to enhance the community's appeal. A strategic investment for those seeking sustainability and opportunity.
Trusted by over 13k property buyers and counting...
Try Picki for FREE1.4%
76.6%
$763K
4.8%
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Try Picki for FREE$15,000
-$15,915
4.3%
Asking Price
$1,000,000
Estimated Purchase Price
$935,000
Stamp Duty
$36,810
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$93,500
Reg. Mortgage
$164
LMI Premium
$24,077
Renovation Costs
-
Total Cash/Equity Required
$156,746
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$40,560
$57,730
Property Management
+7.7% PA
$3,123
$4,445
Rates
+3.0% PA
$1,257
$1,640
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$32,803
$47,238
Interest Repayments
$55,539
$55,539
Net Cashflow Before Tax
-$22,736
-$8,301
Depreciation
-
-
Tax Offset
-$6,821
-$2,490
Net Cashflow After Tax
-$15,915
-$5,811
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$841,500
$841,500
$173,100
$992,655
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price